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Overtime GovernanceOvertime Governanceby0x461783A831E6dB52D68Ba2f3194F6fd1E0087E04Danijel

TIP-102: Allow delegating of gamified staking volume

Voting ended over 3 years agoSucceeded
id Title Status Author Description Discussions to Created
TIP-102 Allow delegating volume for gamified staking Draft Danijel Allow one wallet to delegate its volume for gamified staking rewards to another https://discord.gg/rPpPcMXSeU 2022-11-16

Abstract

This TIP proposes to add a method to Staking THALES contract that allows one wallet to delegate all volume it generated to another wallet.

Motivation

This is intended as quality of life improvement. As a large THALES staker I always use hardware wallets for staking, but when using Thales products such as UP/DOWN AMM or Overtime I prefer using a hot wallet just for convenience sake, e.g. using Overtime via mobile metamask.
I would like the volume I generate via the hot wallets which are not staking to count towards my cold storage staking wallet rewards.

Specification

Add a method to Staking THALES contract that allows a wallet to delegate all its future volume to another wallet. The delegation can be seized at any time and it always counts towards future generated volume, thus removing any risk surface of the same wallet boosting another wallet's volume while also boosting its own.

Implementation

n/a

Copyright

Copyright and related rights waived via CC0.

Off-Chain Vote

YES
7 TC-NFT100%
NO
0 TC-NFT0%
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Timeline

Nov 16, 2022Proposal created
Nov 16, 2022Proposal vote started
Nov 19, 2022Proposal vote ended
Dec 19, 2024Proposal updated